Sunday, March 05, 2006 11:01:29 AM
I got this from Meridian. FYI.
This is regarding how much oil is in the JDZ. I think originally the estimates are 6-11 Billion Barells of oil or something. Apparently there is MUCH MUCH more.
"Old reserve estimate based on the current seismic is very poor as it contains some fundamental errors to calculate a reserve number. From some experienced geologists I understand that there is a lot more oil in the ground. How much, nobody dares speculate, but the geology looks better than offshore kazakhstan"
Have a great day.
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